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Publication | Open Access

The global flood protection savings provided by coral reefs

744

Citations

71

References

2018

Year

TLDR

Coral reefs provide significant coastal protection benefits to people and property. The study aims to quantify the global flood protection savings that coral reefs deliver at subnational levels. The authors use a global, process‑based valuation model to estimate reef‑mediated flood damage reductions across marine biomes. Without reefs, annual expected flood damages would double, storm‑related costs would triple, 100‑year storm damages would rise 91 % to $272 billion, and Indonesia, Philippines, Malaysia, Mexico, and Cuba would each lose more than $400 million annually, with sea‑level rise further amplifying these risks.

Abstract

Coral reefs can provide significant coastal protection benefits to people and property. Here we show that the annual expected damages from flooding would double, and costs from frequent storms would triple without reefs. For 100-year storm events, flood damages would increase by 91% to $US 272 billion without reefs. The countries with the most to gain from reef management are Indonesia, Philippines, Malaysia, Mexico, and Cuba; annual expected flood savings exceed $400 M for each of these nations. Sea-level rise will increase flood risk, but substantial impacts could happen from reef loss alone without better near-term management. We provide a global, process-based valuation of an ecosystem service across an entire marine biome at (sub)national levels. These spatially explicit benefits inform critical risk and environmental management decisions, and the expected benefits can be directly considered by governments (e.g., national accounts, recovery plans) and businesses (e.g., insurance).

References

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